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Canada hired an ex-Goldman Sachs banker to revive its military. Investors are excited
(ca.finance.yahoo.com)
this post was submitted on 28 Dec 2025
27 points (86.5% liked)
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Given the changing security landscape and Canadian defense investments flew under the radar, it comes with no surprise that the industry is now bullish on the sector I would say.
Other countries' military spending has been bullish for a long time. China, for example, has been heavily investing in its military complex for 30 years. In Russia, the defense minister is an economist which apparently means that the Kremlin is not up to stop its war games anytime soon.
It would certainly be better if the world spent money for something else than weapons, but the problem here is not Canada. It comes from threats brought about by foreign malign actors.
I certainly agree with you, I wish we did not have to invest in weapons.
All this money only really flows to the top and helps protect the interests of those at the top.
Instability in the world is tough to see. I think if we do need to build weapons we should be making investment to build them here in Canada. After all, should anything happen, having the technical skills at home becomes a vital asset.
We don't have to invest in weapons. Nobody aside from the US is threatening Canada, and it's pretty clear that sending billions to the US military industries isn't going to make Canada more secure.
It will make things worse because it will ensure that big corps have a reason for Canada to use the weapons. God, what a shit show! Sorry y'all.